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How do you fancy £11,375 every year in Tax Free Unconditional Basic Income. No strings Attached?

How do you fancy Cutting MP’s Pay In Half?

How do you fancy Abolishing All MP’s Expenses?

 

How do you fancy giving the people of Bristol the chance to vote for all of the above?

 

In the 2010 General Election I changed my name by deed poll to “none of the above” and promised to resign immediately if elected. Creating history by turning myself into the first official genuine “none of the above” option on a UK ballot paper.

This time I want to offer something positive.

 

If elected in the 2015 General Election I will

1. Pay every UK adult citizen aged 16 and over, whether earning in other paid work, non earning or retired, £11,375 a year in Tax Free Unconditional Basic Income. No strings Attached

Note: every UK child citizen aged 0-15 years, will be paid £2650 a year in Tax Free Unconditional Basic Income. No strings Attached

 

2. Cut MP’s pay in half

 

3. Abolish all MP’s expenses

 

 

But I need your help to do it.

I need £500 to enter the election

I need £700 to post my manifesto to every one of the 50,000 households in my constituency

 

As I’m not currently an MP, I can’t fiddle my expenses or sell knighthoods to raise the money.

Nor can I sell lunch at Downing Street for £250,000 a pop can I David.

So I’m begging you for the money instead.

 

If you would like to help but can’t afford to donate any money, please feel free to “like” and “share” this campaign widely.

Or better still stand for election yourself.

 

Unconditional Basic Income: FAQ 

1. Wouldn’t it just contribute toward inflation?

If giving every adult £200 a week would contribute to inflation, what would happen if everyone “worked hard and got on” (current Conservative manifesto mantra) and earned an extra £200 a week? Would that also be eaten up in inflation? If so “working hard and getting on” is just as pointless as giving everyone an unconditional basic income.

 

2. Wouldn’t it undermine the incentive to work?

It does exactly the opposite. It incentivises work, because it abolishes the benefits trap. Anyone doing any form of paid work will always be better off than someone subsisting on their Tax Free Unconditional Basic Income.

It also frees the entrepreneurial spirit in every citizen

 

3. What is your  fully costed plan detailing how the Tax Free Unconditional Basic Income would be paid for and implemented?

Paying every adult aged 16 and over, £11,375 a year and every UK child citizen aged 0-15 years, £2650 a year in Tax Free Unconditional Basic Income. No strings Attached, SAVES the UK taxpayer £12 billion a year.

Based on these figures from the citizens income trust

http://www.citizensincome.org/filelibrary/poster2013.pdf

The cost of implementing the Tax Free Unconditional Basic Income. No strings Attached is £619 billion

 

51 million adults aged over 16 to be paid £11,375 every year = £580 billion

11 million children aged 0-15 to be paid £2,650 every year = £29 billion

 

The money to pay the Tax Free Unconditional Basic Income, No strings Attached, can be raised like this

Abolish current benefits system = £204 billion

Abolish personal tax allowance and pay 50% tax on first £10,000 in income = £170 billion

Raise income tax from 20% to 50% = £232 billion

Abolish housing benefit = £25 billion

 

Total raised = £631 billion

Total spent = £619 billion

 

therefore

 

Paying every UK adult aged 16 and over, £11,375 a year and every UK child citizen aged 0-15 years, £2650 a year in Tax Free Unconditional Basic Income. No strings Attached, SAVES the UK taxpayer £12 billion a year.

 

Enough to double the UK transport budget!

 

Note:

Any individual currently earning less than £29,000 a year will be financially better off under this proposal.

Any couple earning less than £59,000 a year will be financially better off under this proposal.

As a society we will thrive.

For more information about the unconditional basic income, please visit this web sitehttps://thebigpoliticalparty.wordpress.com/

Facebook: https://www.facebook.com/BIG11375

Twitter: @Eric_Mutch

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